Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
704,947 元
Income Tax
- 293,278 元
Housing Fund
- 4,329 元
Pension
- 1,835 元
Medical Insurance
- 676 元
Unemployment
- 67.57 元
Total tax
- 300,185 元
Net pay
* 404,762 元
Marginal tax rate
45.0%
Average tax rate
42.6%
57.4%
Net pay
42.6%
Total tax
Total tax
Net pay
The Taxberg
404,762 元
Net pay
10,010 元
Tax the employer pays
300,185 元
Tax you pay
Total tax paid
310,195 元
Did you know your employer also pays tax on your salary? It costs the employer 10,010 元 to pay you 704,947 元. In other words, every time you spend 10 元 of your hard-earned money, 4.40 元 goes to the government.
Real tax rate
43.4%
So, with you and the employer both paying tax, what used to be a 42.6% tax rate now rises to 43.4%, meaning your real tax rate is actually 0.8% higher than what it seemed at first.
Summary
If you make 8,459,364 元 a year living in the region of Guangzhou, China, you will be taxed 3,602,221 元. That means that your net pay will be 4,857,143 元 per year, or 404,762 元 per month. Your average tax rate is 42.6% and your marginal tax rate is 45.0%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 元 in your salary will be taxed 45 元, hence, your net pay will only increase by 55 元.
Bonus Example
A 1,000 元 bonus will generate an extra 550 元 of net incomes. A 5,000 元 bonus will generate an extra 2,750 元 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 4865425
42.5%
1
Beijing
CNY 4857921
42.6%
2
Guangzhou
CNY 4857143
42.6%
3
Europe
Country 
Net pay
Average tax
Rank
Russia
CNY 7359647
13.0%
1
Hungary
CNY 6894382
18.5%
2
Ukraine
CNY 6809788
19.5%
3
Czech Republic
CNY 6506077
23.1%
4
Romania
CNY 4948728
41.5%
5
Poland
CNY 4888675
42.2%
6
Greece
CNY 4752099
43.8%
7
Switzerland
CNY 4672763
44.8%
8
Norway
CNY 4551727
46.2%
9
United Kingdom
CNY 4538578
46.4%
10
Spain
CNY 4509549
46.7%
11
Luxembourg
CNY 4483354
47.0%
12
Denmark
CNY 4426239
47.7%
13
Austria
CNY 4416922
47.8%
14
Netherlands
CNY 4338293
48.7%
15
Sweden
CNY 4299462
49.2%
16
Germany
CNY 4198924
50.4%
17
Ireland
CNY 4167539
50.7%
18
Italy
CNY 3891367
54.0%
19
France
CNY 3797206
55.1%
20
Finland
CNY 3225378
61.9%
21
Belgium
CNY 3201375
62.2%
22
Portugal
CNY 3109957
63.2%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CNY 4762308
43.7%
1
Canada
CNY 4100061
51.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 7564288
10.6%
1
Hong Kong
CNY 7044988
16.7%
2
Singapore
CNY 6660202
21.3%
3
Indonesia
CNY 5745382
32.1%
4
Thailand
CNY 5598208
33.8%
5
Pakistan
CNY 5530883
34.6%
6
Vietnam
CNY 5510443
34.9%
7
Philippines
CNY 5302698
37.3%
8
Taiwan
CNY 5257718
37.9%
9
New Zealand
CNY 5237164
38.1%
10
Malaysia
CNY 5131404
39.3%
11
China
CNY 4857921
42.6%
12
Japan
CNY 4749945
43.9%
13
South Korea
CNY 4632333
45.2%
14
Australia
CNY 4622323
45.4%
15
India
CNY 2550062
69.9%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 7492831
11.4%
1
Brazil
CNY 6137094
27.5%
2
Costa Rica
CNY 5760205
31.9%
3
Panama
CNY 5694672
32.7%
4
Mexico
CNY 5533426
34.6%
5
Puerto Rico
CNY 5510066
34.9%
6
Argentina
CNY 5498536
35.0%
7
Uruguay
CNY 5335041
36.9%
8
Colombia
CNY 5330355
37.0%
9
Chile
CNY 5251845
37.9%
10
Peru
CNY 5238292
38.1%
11
Ecuador
CNY 4924319
41.8%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 6155438
27.2%
1
Kenya
CNY 5925212
30.0%
2
Ivory Coast
CNY 5763432
31.9%
3
Nigeria
CNY 5754957
32.0%
4
Ghana
CNY 5603070
33.8%
5
Mozambique
CNY 5514551
34.8%
6
Zambia
CNY 5204617
38.5%
7
Cameroon
CNY 5159380
39.0%
8
Morocco
CNY 5142585
39.2%
9
Senegal
CNY 5083876
39.9%
10
South Africa
CNY 4724475
44.2%
11
Uganda
CNY 4678441
44.7%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 8382743
0.9%
1
Saudi Arabia
CNY 8355364
1.2%
2
Bahrain
CNY 8310278
1.8%
3
United Arab Emirates
CNY 8036396
5.0%
4
Qatar
CNY 8036396
5.0%
5
Oman
CNY 7782615
8.0%
6
Egypt
CNY 6346518
25.0%
7
Lebanon
CNY 6345889
25.0%
8
Turkey
CNY 4928201
41.7%
9
Israel
CNY 4406549
47.9%
10
Show more
NOTE* Withholding is calculated based on the Guangzhou tables of China, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.